First, in the entry field define the financial instrument for which you want to create the order.
There are several different ways to do this:
- Enter a ticker and select the asset type
- Choose from a previously entered asset using the drop-down arrow
- Select an instrument from a linked tile like the Watchlist or Portfolio to automatically populate the field
Next, use the order parameters to finish setting up the order. To save time, define Order Presets to automatically populate order parameters.
Click BUY or SELL to set the order side. Then, click the QTY field to define the order quantity:
- When available, click the currency unit to use cash quantity instead of shares
- Click "Position" to use your current position as the transaction quantity
Pick an order type and, if needed, set the price using any of the below methods:
- Click BID/MID/ASK in the Price Line to quickly define the order price
- Click in the price field to choose a price
- Choose from % of spread or +/- tick methods to set the order price
Open the Advanced panel to change the order destination, add attributes, attach orders, check margin on the order before you submit, and more.
When all parameters are defined, click Submit to send the order.
Additional Information
- How can I get started using TWS Mosaic?
- How do I define Order Presets?
- How do I place an order in TWS?
- How do I set up a Cash Quantity order?
- How do I enable fractional shares?
- How do I direct route an order in Mosaic?
- How do I enable IBALGO trading?
- How do I place a bracket order in TWS?
- How do I place a profit taker order in TWS?
- How can I link/unlink TWS windows together to show the same symbol?
- How do I save orders in TWS?